Some Survivors

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Sigh. This market just can’t get any traction. No, let me correct that. It can’t get any downside traction. Every time I think that, at long, long last, we’re going to start going lower – – it’s over within a day. It’s disheartening, to say the least.

The past couple of days, of course, are what I’m referring to, since he had a nice beefy tumble on Tuesday……..and some great follow-through for a few hours (on the NASDAQ, at least) late Tuesday night. By end of day Wednesday, however, it was all over. Just LOOK at this madness!

0628-nq2

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iShop Until iDrop…………..Evil Plan 49.0 (by BDI)

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AmericanConsumptionSmall

 

First of all, my fellow Slope-a-Dopes, I want to sincerely apologize to everyone, for my pathetic drama queen melt down display of last week.  Let's just say, I obviously snapped after I saw the market perform yet another victory lap dance, as soon as Benny Bigbucks announced that he would be handing out more free viagra laced Benjamins at "The Sniper", a famed Vegas strip joint.  As you well know, 2012 has been an absolute debacle for me. I feel much like the desperate, least attractive girl with the smallest tits, sitting alone at a table in the dark smoke filled corner, who gets zero action from even the horniest customers at the club.  

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$1.5 Million Goners

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Anyone who trades equity markets on a regular basis knows all too well the feeling of regret. There’s really no such thing as a contented trader, because if the market is going against us, we wish we weren’t in position, and if the market is going for us, we wish we were more aggressively-sized.

Years ago, I even set up a page called Woulda Shoulda Coulda which lets anyone punch in a symbol, date, and purchase amount just to see what the value of any given security would be in the present day. Try it, and I guarantee you’ll want to tear your hair out.

I was reminded of the topic of regret when I stumbled upon this prominent post over in /wsb:

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